Hawkes Fee Only Advisors has offered conservative financial advice to Binghamton, NY and surrounding areas since 1981. We invite you to learn the special way that our family-owned and operated firm provides the personal, professional, and caring service your family needs. As specialists in the “middle market”, you don’t need to be rich to get help from us. Your family deserves the best financial help; a professional relationship with a trusted advisor who cares and has nothing to sell you.
Today’s financial services world is a confusing array of choices for consumers. Banks, full-service brokers, discount brokers, insurance agents, and even CPA’s and tax-preparation services claim to offer advice on how to invest your money.
But what is advice, really? To us, it means an impartial expert opinion based on your carefully assessed individual circumstances. So what is missing from the above definition when you walk into, for instance, your local bank? What is missing is impartiality. If “advice” from the bank contains the bank’s products and services, it is NOT impartial. Are they going to tell you that the bank next door has better rates or fewer fees? Of course not. That’s why it is sales, not advice! The same goes for stockbrokers, whose products are sold to consumers that ask for “advice”.
Inherent in all advice, when received from a sales organization, is conflict of interest. There is simply no way to weed out the fact that if you follow their recommendations, they will profit. And these recommendations consist only of products which will pay them, and are limited to products which have agreed to do so. Is this advice, or good sales practices?
Working with a fee-only advisor is the only true way to be assured that the recommendations you receive are impartial, and gleaned from the entire universe of potentially suitable products and services. A true fee-only advisor ( not fee-based or “able to work for a fee”, or other such copy-cats ) has nothing to draw his allegiance away from the most important thing: YOU and your family.
True fee-only advisors are willing to sign a fiduciary oath which pledges their willingness to work only for fees. No Loads. No Commissions. If you are wondering whether your financial representative would sign one ( and commissioned sales-people, even with “fee-based” accounts, cannot ) give us a call and we’ll provide a standard oath ready to sign.
Our Financial Services Include:
- Investment consulting
- Retirement solutions
- Managed accounts for growth
- Managed accounts for income
- Portfolio analysis and design
- Custom financial plan creation
- Insurance reviews and annuity reviews
- Fiduciary services for endowments, trust funds, pension plans
- Socially screened investments
To view Peyton’s blog click here www.investwithawareness.com
Contact Hawkes Fee Only Advisors today at 607-773-8055 for a free consultation, or browse the website for more information about what is a fee only advisor or want to learn more.
